46 U.S.C. § 53908 — Additional insurance privately obtained
Verified against govinfo.gov as of June 20, 2026View official text on govinfo.gov ↗
With the approval of the Secretary of Transportation, a person having an insurable interest in a vessel may obtain insurance on the vessel with other underwriting agents in addition to the insurance with the Secretary. The Secretary is not entitled to the benefit of the additional insurance.